Project Risk Analysis Made Ridiculously Simple

By Lev Virine, Project Decisions, Calgary, Canada, | Michael Trumper, Project Decisions, Calgary, Canada,

Publication Date: 01 Mar 2017

Suggested Citation: Lev Virine, Michael Trumper (2017), "Project Risk Analysis Made Ridiculously Simple", Boston-Delft: now publishers

Project Risk Analysis Made Ridiculously Simple

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Project management is the art of analyzing and managing risks. Without risk, there is little need for project management. Project Risk Analysis Made Ridiculously Simple offers a step-by-step guide on how to perform project risk analysis and risk management for a wide range of readers: students, project schedulers not exposed to project risk analysis before, and to project risk experts. With this book, you will learn how to:

  • Identify and manage risks over the course of a project
  • Perform qualitative and quantitative risk analysis
  • Perform project risk analysis using Monte Carlo simulations
  • Use event chain methodology to improve project risk analysis
  • Perform risk analysis of project portfolios.
Easily recognizable real-life stories and projects provide a compelling narrative while imparting valuable information on both the theory and practice of project risk management. You will not only understand why project risk management is important to the success of their projects, but you will also know how it can be implemented in your organization and the appropriate tools to use.

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